Multiple other forecasts put India’s current fiscal year growth between 5.9% and 6.5%, with some analysts highlighting challenges ahead for the Indian economy including a slow recovery in domestic manufacturing, geopolitical uncertainty, and the threat of El Nino. However, others suggest a robust growth rate could be achieved on a sustained basis if policies enhance productivity, create jobs, and increase total output.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.